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Housing was cheap for boomers, page-16

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09/06/23

12:09

Post #: 68215393
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Originally posted by Bunn-Wackett: ↑

We'll dismiss rolling as he's on another planet.

True story... Husband and wife, 3 kids, husband in unskilled labourers job poorly paid, wife working part time around their kids. They wore secondhand clothes, husband had a sandwich from home every day for lunch, one car which he serviced himself. Wife started studying accounting, somehow they saved enough money for a deposit for a run down home 10 minutes from a regional centre in Vic. Husband started studying. Their house would now have doubled in value, maybe more as the area they bought in has boomed and both of them are in different jobs, one working as an accountant, the other as a tradie and part time TAFE teacher.

I've never seen two people on the bones of their ass with 3 kids and no financial help from anyone achieve what they have... This was in the past 10 years.

It's not too different to what was normal during the Boomer days.

What's happening now is normal but not conducive to buying your own home.

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What planet am I on?
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